Chongqing Mas Sci.&Tech.Co.,Ltd. (SZSE:300275) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 13.59 per share.

The shares will be used for employee stock ownership plans or equity incentives or will be canceled. The funds for the repurchases are the company's own funds. The program will be valid for a period of 12 months.